Cadbury and Oreo maker Mondelēz International has posted 1.5% organic revenue growth in the second quarter, but has grown below the combined chocolate, biscuits and gum & candy markets in H1.
Chocolate makers are being pushed to join Dominican Republic’s plans to triple cocoa yields by 2027. The nation can become as valuable as Nacional, a prized cocoa variety from Ecuador, says the UNDP.
Bazooka brands, owned by the Topps Company, have partnered with 20th Century Fox, Blue Sky Studios and the upcoming movie Ice Age: Collision Course.
M&M’s Coffee Nut has won a public vote to be the brand’s next nut variety and will roll out at retailers across the US next month.
Premium confections and snacks could find new distribution opportunities in unconventional places as more fashion and design retailers start stocking select on-the-go food and beverages that will help fuel and refresh consumers so they can continue shopping.
Little Bird founders Corey and Sara Meyer are aiming to pop out of the specialty category and spread across the nation like wildfire with their sweet and spicy chocolate-covered candied jalapenos.
US consumers are starting to put more thought into eating healthily. But for confectionery, indulgence still drives the decision to purchase.